BITCOIN & CRYPTOCURRENCY AFRICA

  It's no longer a story, that those who bought a $100 worth of Bitcoin in 2010  when it was sold at $0.1 worth over $5.7 million today! ( Oct 2017 ) (Update Dec 3rd 2020: the person will worth over $9.4 Billion now) As at the time of publishing this work, 1Bitcoin sold for $5,750!  (Update:  As on Dec 3rd 2020, Bitcoin sold for $19,418!)  There is a saying that the best time to plant a tree was 10 years ago; and another very good time is NOW. One  Bitcoin is predicted to go above $10,000 before the end of first quarter of 2018! Therefore, now its absolutely another good time to plant a tree. (Update Dec 3rd 2020: The above prediction about Bitcoin hitting $10,000 by 2018 was abysmally under-estimated. Bitcoin hit the highest  rate of $20,000 in Dec 2017, just 2 months after this publication!) I wrote an article  on the Basics of Bitcoin/Cryptocurrencies. Please click on the red highlighted area to read it if you are not yet familiar with Bitcoin. Also watch the video

On August 1st 2017, the classical Bitcoin (BTC) forked or split at a 1:1 ratio to produce a parallel currency of the original Satoshi Nakamoto  Bitcoin protocol. The technicalities and reasons for such split cannot be explained in this short write-up. The name of that new bitcoin is Bitcoin Cash (BCH or BCC). I will be representing the classical bitcoin with BTC and the Bitcoin Cash with BCH. Since that split , there were a lot of uncertainties surrounding the survival of the BCH and so the price remained low. But now, BCH has come to stay as the price has even shot up ad many stakeholders, wallet and exchange platforms who initially were on the observatory bench, have now started accepting Bitcoin Cash.  However, only very few platforms have created an exchange and wallet platforms for buying and selling BCH as well as for storing it. Bitcoin Cash (BCH) is being speculated to be able to rise as high as the classical Bitcoin (BTC) and presently, it is occupying the 3rd posi

The world financial systems are currently undergoing a very rapid and unprecedented revolution since the genesis of Bitcoin in 2009. People with their ears to the ground, those who understand the risks and benefits of participatory learning have not only been happy with their risky decisions, most of them have actually been elevated to the ''never-to-be poor-again'' status. Yet (and unfortunately though), many people especially in the developing world do not even know what is going on. If you are among the folks that are yet to be in the know, well, it is not too late. I'm actually packaging this piece together for you. I will try to be as explicit as it is humanly possible to make you visualize this invisible digital world concept in your imaginations and to enable you grab the concept and start running with it. I'm really dedicating this to fellow Nigerians and Africans in particular, to encourage us to key into this at this time. However, the informat